Common use of Costs of Construction Clause in Contracts

Costs of Construction. Tenant shall bear all costs and expenses associated with construction of the Improvements, which costs and expenses include without limitation: (a) all costs of bringing utilities and infrastructure to the Premises and all utility hook up and connection fees and all distribution facilities, conduits, pipelines and cables; (b) all design, engineering, entitlement, financing and construction costs and expenses (i.e., all “hard” and “soft” costs of construction); (c) all costs, fees and expenses incurred in processing and obtaining all grading, building and like permits required to construct and operate the Improvements; (d) all school district taxes and development or building fees or assessments, each of which may be charged on the basis of the size and type of the Improvements; and (e) fair share of impact fees and the cost of mitigation measures resultant from a mitigated negative declaration, environmental impact report, or other CEQA environmental review and certification.